ABPS definition
Examples of ABPS in a sentence
However, ABPS board certification is not recognized by every state, which means a physician in states where it is not recognized cannot hold himself or herself out as ABPS board certified, and ABPS is not as widely recognized by hospitals and insurance carriers as AOA and ABMS board certification.
ABPS shall have the right to terminate this Agreement, without cause, with [*] written notice to Client.
An ABPS Delay shall be measured as the number of days the Fill Date is delayed from the accepted Fill Date.
In fact, having issued approximately 6,000 board certifications, approximately one-third to DOs, the ABPS has issued far fewer board certifications than the AOA and ABMS.
Specifically and without limitation, ABPS is not responsible for delays due to lack of delivery or delays in reviews, approvals, information, documents, (pre)payments or other items to be supplied by Client or its selected vendors, nor for delays caused by delivery delays, variation from Specifications or variable performance of Bulk Compound or other Components (except in the event of ABPS’s negligence or willful misconduct as set forth in section 2.9(a)).
To minimize delays, ABPS will maintain such Component management activities as are described in an SOW.
Except for the remedies for delays set forth in (b) below, ABPS shall not be responsible for timeline delays or revisions or lower than expected yields unless (i) such delays or lower yields are caused by ABPS’s negligence or willful misconduct or failure to use commercially reasonable efforts and (ii) the relevant binding yield or timeline is set forth in the SOW, and the binding yield or timeline and applicable tolerance and remedies are set forth in the SOW, and in all cases subject to Article 12.
In such event, the Obligated Capacity shall be reduced by the Purchase Price of the Batch if the Batch is not replaced and, ABPS shall also reimburse Client for any independent laboratory fees paid by Client under Section 5.1(c).
Thus, like ABMS board certification, for DOs who completed an AOA residency program, ABPS board certification is not interchangeable with AOA board certification.
The parties agree to negotiate in good faith an appropriate yield target, tolerances and minimum obligation per Batch following the validation of Client’s process and the subsequent Production and release of [*] Batches of Client Product, along with Batch price adjustments (up or down) in the event of a shortfall due to the fault of ABPS, or in the event of excess or below minimum yield.